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ITS

French translation: son

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06:03 Feb 2, 2012

English to French translations [PRO]
Law/Patents - Law: Contract(s)

English term or phrase: ITS

At the end of a Supply Agreement, I read these lines:

This Agreement has been executed in two originals of which the Parties have taken one each.

[*****] ............. [Supplier] .............

By: ............. By: .............
Its: .............. Its: .............
Place and Date: ............, 2012

In other contracts, this line is replaced by "Title". Could it have something to do with it? Can't find any relevant answer, Acronym Finder doesn't have a clue...
Did they mean "initials"?

Thanks in advance!

SafeTrad KudoZ activity Questions: 93 (none open) (2 without valid answers) Answers: 68
Local time: 16:22

French translation:son

Explanation:
"its" here is simply the possessive form of the pronoun "it". This is used when someone is signing on behalf of a company or entity and is therefore, as you have said, where the person signing is supposed to put his/her title.

See this US document giving instructions for the signing of a contract:
The person signing on behalf of the Owner should sign the line following “By:.”
After “Its” indicate the title/authority of the person signing the document on behalf of the entity.
http://www.seattle.gov/dpd/static/Special_Sewer_Connection_C...

See also this Q and A:

Re: What does ''Its'' mean?
When signing on behalf of a corporation or other entity/organization, instead of your individual capacity, you sign on the "By" line and state what title you hold on the "Its" line.
E.g.:
LAW OFFICE OF JONAS M GRANT PC
By: Jonas M Grant
Its: President
http://www.lawguru.com/legal-questions/california-entertainm...